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Search Results 0 to 11 of about 12 (some duplicates have been removed)
sides of the aisle. it is looking at a simpson-bowles-type law and this is not new and we know it can be done and if you go back to when it was last done, simplifying the tax code, that was of course... >> chris: simpson-bowles were a lot more specific about lowering the rates and... >> he said he'll work across the aisle unlike the president when he pushed through the health care bill on a partisan base, he'll listen to both sides of the aisle and make sure, three principles stay clear. that he is going to give relief to the middle class, and he's going to make sure that we're more competitive, of course, creating jobs, because so many small businesses, file as individuals, and higher income individuals will not pay less and it will not impact the deficit. >> chris: you were about to talk about the president's vision. >> one thing is the president's vision for or country, the best way to put forward a vision is the budget. and he talked about, at the debate, his so-called $4 trillion plan to reduce the debt. but, what that really is, is this budget, the budget that he puts forth, one
is this white house advising defense contractors to ignore a law requiring them to send layoff notices to their employees? chief congressional correspondent, mike emanuel live in washington with that. >> reporter: many involved in national security hope congress and the president will work out a deal after the election to avoid these cuts which defense secretary panetta said would be devastating but a law called the warren act, if you expect a mass layoff of employees you need to give them 60 days notice and one contractor co-says the uncertainty is rough. ? the frustration, we say what should we tell our people and it is akin to being in a car and, all of a sudden you find you are playing chicken and have your company in there and they are saying to you, if we go over the cliff we'll help you out, providing you don't tell the folks that they are in the car with us. >> reporter: the obama administration tells contractors they don't need to send out layoff notices days before the election, and if they get sued for ignoring the law the government will pay their expenses and lockheed mart
days ago the obama administration told companies with federal contracts to ignore the law, don't notify the workers of the coming layoffs as part of the fiscal sequestration and it would pick up the lawsuits resulting. what is wrong with that? >> another example of this administration ignoring or skirting the law to help the president's reelection chances. here is where we are. sequestration is going to be the law in january. we haven't seen the leadership from the president on this. he is worried because the companies know they have to lay people off and this they told congress this. omb says you don't have to comply with the law and the worst part is that taxpayers are on the hook for the litigation costs when the workers don't receive the warnings they are supposed to receive. >> chris: governor, why is that right? >> chris, i have a lot of moms and dads that work at places like northrup grumman and lockheed martin. i refuse to believe that members are congress will not come together to find a way to place a greater priority on our nation's defense than we do defending gobss of tax c
. but that he'll do it gradually. >> he's not trying to move the law radically, quickly. i think justice scalia or justice thomas really want to get to the end answer as quickly as possible and make the law conform to what they really understand whereas the chief justice is more incrementalist. >> reporter: conservative court watcher carry severino doesn't believe much will change any time soon. >> certainly this is not a crusading con serbtive court. until we have a shift, i think, in the membership of the court it's impossible to call it a court that leans more to the left or to the right. >> let's bring in joe johns. joe, could this term possibly be as important as the last one? that's hard to imagine. >> reporter: carol, it certainly has that potential. just the question of revisiting race based preferences in university admissions. this is an issue they decided just a few years ago. now they're back. the difference is the court's been reconstituted. now the swing vote is no longer one justice. it's another justice. there are other issues certainly that could be big. the defense of marriage
, president obama's done a much better job in enforcing the trade laws than we've ever seen before. he's pushed china. he just won three cases. he won a case on pipe to put thousands of people back to work. he won a case of tires that put people back to work. and he just filed one on auto parts. look, mitt romney's talk is cheap. he'll go back to this -- he's working on currency. we're all working on currency. mitt romney will go back to the same paradigm that we had before. signing agreements that are good for wall street but not good for main street. >> even though this tax increase that we're about to see is going to increase taxes for anybody making more than $250,000. >> which tax increases you talking about? >> the fiscal cliff issue as we see the tax cuts expire at year end. >> well, the president said he wants to continue those tax breaks for people earning less than $250,000. it's the republicans that say no, we won't give anybody anything unless the millionaires and billionaires get their tax cut too. they don't need -- they need to pay their fair share. and we -- >> thanks,
Search Results 0 to 11 of about 12 (some duplicates have been removed)